$500M Verdict Returned In Trade Secrets Trial Involving Virtual Reality Software

Mealey's (February 2, 2017, 1:06 PM EST) -- DALLAS — A Texas federal jury on Feb. 1 ordered four defendants — including Facebook Inc. — to pay a combined $500 million in actual damages to two virtual reality (VR) technology companies for copyright and trademark infringement, conversion, violations of a nondisclosure agreement and false designation (ZeniMax Media Inc., et al. v. Oculus VR Inc., et al., No. 14-cv-1849, N.D. Texas, Dallas Div.)....